All articles by Newsdesk – Page 143
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AIG faces £12.6m insurance payout to Ageas after Kwik-Fit legal victory
AIG insured Ageas against breach of warranty in 2010 Kwik-Fit acquisition
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Essex-based MGA IIG hires former Fusion underwriter
Ian Chapman becomes MGA’s Leeds-based regional development manager
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Departed Bridge directors resurface at Reich-backed start-up broker
New broker Vista will initially trade as an appointed representative of Reich
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Amlin boosts stake in cat bond investor Leadenhall to 75%
Payment for stake will be made in three instalments
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TEn staff in line for profit share as network becomes employee owned
New ownership model will prevent network from being sold
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Gallagher’s Compass network poaches Cobra property director
Paul Montgomery named Compass’s London markets broking director
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Saga's IPO valuation under fire
UBS values the broker at 177p per share only weeks after it helped float the group at 185p per share
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Xchanging acquires insurance software business
Agencyport Software’s European arm is the second acquisition for Xchanging in two days
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AXA ART UK’s chief executive steps down
Annabel Fell-Clark leaves art insurer to ‘pursue personal interests’
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LV= Broker hires new product delivery head from Markel
Carl Berriman hired to improve electronic product delivery to brokers and their clients
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DAS adds underwriter to London office
Lee Price will help cover London and South East for legal expenses insurer
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Gallagher acquisition makes it top five broker in Canada
Purchase of Noraxis Capital Corp will allow expansion into more niche products
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Cunningham Lindsey hires two for major loss team
Sarah Durkin and Bill Mcrae have joined the Scotland and Northern Ireland team
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Xchanging agrees £21m deal for Total Objects
Insurance software business achieved EBITDA of £0.5m in 2013
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RSA sells Chinese arm for £71m
Swiss Re Corporate Solutions has acquired the £14m premium insurer
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More than two-thirds of public back young driver restrictions
Forty-one per cent of young drivers also gave their backing
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Broker County Group acquires £1.5m GWP broker Safe and Sound
Safe and Sound boss Ian Day will remain with County Insurance for 12 months during integration period
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AXA UK boss Paul Evans named as next ABI chairman
Evans’s “deep understanding” of industry will be asset in driving ABI’s challenging agenda in run-up to election – Otto Thoresen
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UK motor reinsurance rates defying global softening trend
Bodily injury fears pushing prices up by as much as 10%, says Willis Re renewals report
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Sirius launches own Lloyd’s managing agency for Syndicate 1945
Syndicate previously run by third-party manager Asta